85 Richest People On Earth Are Worth As Much As The Poorest Half Of World’s Population

The richest 85 people on the planet, about the number that could comfortably stand around a cluster of high-roller craps tables in a Vegas casino, have a combined wealth that equals that of the poorest half of the world’s population, according to a study by Oxfam. That’s roughly 3.5 billion people — compared to 85.

The results of the study are long and in-depth, and aggregated by someone smarter than I am. If you want to read all about it, have at it. Here’s a bit of information I found interesting, and in graph form, which is always fun:

The United States leads the way — by a lot — in lopsided wealth distribution. After all, someone has to pay for the, uh, lap dancers for the big guy here.

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Dillon Cheverere (@DCheverere) is the Vice President of Media for Grandex, Inc. He's a native Texan with a full head of hair and knows his way around a nice box of red wine. Dorn graduated (BBA) with a GPA sitting in the meaty part of the bell curve, not lagging behind, but not trying to show off, either. Golf is his game now. He's long off the tee but can't putt for shit. Email: dillon@grandex.co

The past 30 years saw the biggest advancements in technology since the Industrial Revolution. When there’s advancement there’s the few men who took risks and were rewarded. The fortunes Gates and Buffet pale to the equivalents of Carnegie and Rockefeller in their time (each worth over 300 Billion in today’s dollars). How bad was that for us? We ended up with railroads, cars, a booming economy, concert halls, universities etc. These people are who make America great.

Illogical to compare apples to apples due to circumstance. The later created industry that required tremendous amounts of workers eventually leading to a strong middle class. The former creates jobs for engineer types, which is cool, because I’m one, but does lead to a high wealth distribution, as the study reveals. I know everyone here is FMing hard in the 1% but a reasonable wealth gap is desirable for a nation and her individuals.

Do you think our immigration problem explains the ridiculously lopsided distribution of wealth in our country? The massive difference between the worth of people who I would consider extremely rich and the true 1% is staggering and cannot be dismissed as a skewed statistic due to poor immigrants.

“Do you really think the statistic is skewed? The statistic can’t be skewed.” is basically what your saying, which is literally the most retarded argument I have ever heard in my entire life. You have added exactly nothing to the conversation.

I’m a moral guy. I want to live in world full of RFMs so let’s get the ball rolling on this laissez faire libertarianism because then us old money will give to charity. I only drive 6 cars because I have to show these welfare poors how to be a true American, but if there were no rules, I’d surely give more to charity.